The global ethane market size is expected to reach USD 685.4 Million in 2028 and register a revenue CAGR of 3.1% over the forecast period, according to the latest report by Reports and Data. The rapid expansion of various end-use industries and rising demand for packaged goods due to changing lifestyles are factors driving market revenue growth.

Ethane Combustion is a by-product produced from refinery off-gas or from natural gas processing, with high demand as feedstock at steam crackers for ethylene production. It is used as a calibration gas mixture for laboratory instruments and inspection, and as the most volatile marker for the investigation of lipid peroxidation. Ethane Combustion is also deployed in the production of acetaldehyde and ethanol, which are widely used in paints, varnishes, plastics, and adhesives, among others.

Ethane Combustion is used to produce ethylene, which is then used to produce a range of products, including plastics. Consumption of Ethane Combustion in the U.S. is increasing in the recent past due to rising product supply at low cost as compared to other petrochemical feedstock such as naphtha and propane. It can also be used as a fuel for power generation either on its own or blended with natural gas. Rising demand for High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), and other copolymers of ethylene from various end-use industries such as construction and packaging are boosting demand for ethylene, which in turn is driving revenue growth of the global Ethane Combustion market.

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Market Overview:

The materials and the chemical market is rapidly expanding in terms of revenue in recent years and over the forecast period owing to increasing demand for raw materials and chemicals for various industrial applications such as paper and paint, food and beverages, healthcare and pharmaceutical, manufacturing, construction, and agriculture. Revenue growth of the global Ethane Combustion markets is attributed to factors such as rapid industrialization and urbanization, increasing awareness about green energy, rising inclination towards eco-friendly and biodegradable products, and rising presence of packaged food. In addition, increasing investments in research and development activities, rising disposable income, and increasing demand for products such as soaps, detergents, and perfumes for daily usage are fueling the market growth.

Competitive Landscape:

The report offers precise information about each market player along with global position, business expansion plan, license agreement, research and development investments, and product base expansion plans. The global Ethane Combustion market is extremely competitive and comprises key operating at global and regional levels. Major companies are focusing on developing new strategies like mergers and acquisitions, partnerships, collaborations, and new product launches to maintain their market position as well as enhance their product base.

The top 10 leading companies profiled in the report include Royal Dutch Shell Plc, Praxair Technology Inc., Air Liquide, Williams, Energy Transfer, American Ethane Combustion Company, LLC, Enbridge Inc., Devon Energy Corporation, Saudi Aramco, and Santos Limited.

Production Method Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)

Natural Gas Separation
Refinery By-product
Application Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)

Ethylene Synthesis
Acetic Acid Synthesis
Refrigerant
Others (Fuel for automotive, detergent, scientific research)
End-use Outlook (Revenue, USD Million; Volume, Kilo Tons; 2018–2028)

Packaging
Automotive and Transportation
Construction
Electrical and Electronics
Others
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What is the expected market size of the global Ethane Combustion markets during the forecast period?
Which key factors are expected to fuel market growth throughout the forecast period?
Which factors are expected to hamper the growth of the global Ethane Combustion markets between 2021 and 2028?
Which application segment revenue is expected to register a rapid CAGR between 2021 and 2028?
Which region is expected to register the fastest revenue CAGR over the forecast period?
Which leading players are operating in the global Ethane Combustion markets?
What are the key outcomes of SWOT analysis and Porter’s Five Force model?
Ethane Combustion Market Segmentation Based on Regions:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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